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Croatia to Launch Renewable Auctions by Q3 2022

Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […]

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Boom In LFP Battery Use On The Way, But Not Without Hurdles

With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […]

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GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu

GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […]

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Assistant Manager – Techno Commercial

Responsible for Procurement of MRO – Maintenance, Repair & Operation related Material & Services for solar cell manufacturing unit. Responsible for purchasing of Services /spares /consumables, identification/negotiation/issue/renewal/closure of contracts, developing and implementing best purchasing practices in procurement. Maintain the 100% availability of Services/spares/consumables at optimal cost. Roles and Responsibilities:- Strategic Roles & Responsibilities:- The incumbent […]

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RES Diversifies Asset Management Business Through Blueshore Acquisition

UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF

Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […]

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]

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S Korea’s Doosan Heavy Unveils 8MW Offshore Wind Turbine Prototype

South Korea-based Doosan Heavy Industries & Construction has announced that it has completed the implementation of the 8MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center, South Jeolla Province. The commissioning process will be initiated at the end of this month, after which international certification for the wind turbine will be obtained […]

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